Which Halves (If Any) Will Have Collector Value Over Silver Value? - Page 2

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Author	Replies: 22 / Views: 3,490	Page: of 2

Andrew99 CCF Advertiser United States 1533 Posts	Posted 09/29/2017 11:13 pm In 1962 average salaries were around $4,300/yr. Today, around $50,000. Someone making $50K back then would be equivalent to $500K today. Upper middle class indeed. Report this Post to the Staff
Alpha2814 Pillar of the Community United States 2023 Posts	Posted 09/29/2017 11:32 pm Quote: In 1962, the value of a dollar is worth around $100 today. I just purchased Bust halves that had Red Book values of $4~$5 in 1962. This means that the seller should have sold them for $400+ to recuperate his money. I purchased the for about half of that amount. With the corrected factor of $10 in the first sentence, what does that mean for the rest of the quote? Math is hard. Report this Post to the Staff
cableguy815 Valued Member United States 414 Posts	Posted 09/30/2017 12:31 am 50K is middle class. Making another 450k extra only allots an "upper" in the class categorization? If you make a nice five hundo a year I'm quite certain that puts you well in just the upper class, no middle Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21788 Posts	Posted 09/30/2017 02:49 am The best way to answer to the question asked, is to to look the pricing guides. If a coin dealer is prepared to pay for stock for any silver coin over the market rate (XX) x face value, then you may assume that coin has a collector value. Applies to any silver coin, not just Halves. Learn the grades vs pricings for the grades and dates of the series you are interested in. Certainly helps when you go to coin shows or visit dealers. If you can't remember that sort of detail, take your trusty pricing guide with you. Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21788 Posts	Posted 09/30/2017 02:54 am My first full time job paid AU$ 3,000 per year. Now, my superannuation income is AU$ 90,000 per year. That's what a combination of inflation and investment over the long term does. Report this Post to the Staff
terry8835 Pillar of the Community United States 1450 Posts	Posted 09/30/2017 09:31 am Back in the year 1999 I was making over 50K and I thought I was doing OK. Now if that was all I made before taxes I would feel poor. Like sel-691 $90,000 a year ain't what it used to be, nor is a million bucks. I understand average middle class person has net worth of around $300,000. That is chump change when you consider most of that is the value they have in their houses. Not many have a million bucks of investment cash which is what you really need just to survive 20 years of retirement. 5% in income from a million bucks is just $50,000 a year before taxes. In 20 years 50K a year will be like 20K a year and I guess average urban house will cost a million dollars. Save those half dollars! Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21788 Posts	Posted 09/30/2017 10:24 pm Median house prices in Sydney are currently passing through the million dollar level. (U.S. $ 800,000) Report this Post to the Staff
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